NextVision Achieves Record Q3 Results and Strengthens Global Position With Expanded Customer Base and $414M Capital Raise

NextVision Stabilized Systems Ltd. (TASE: NXSN), a leading global provider of stabilized day- and night-vision imaging solutions for aerial and ground platforms such as micro and mini UAVs and drones, announced its financial results for the third quarter ended September 30, 2025, reflecting continued strong growth and record performance.

Financial Highlights (US Dollars)

• Revenue: $47.2 million in Q3 2025, a ~62% increase compared with $29 million in Q3 2024. Revenue for the first nine months of 2025 totaled $120.5 million, up ~43% from $84.4 million in the same period of 2024. Growth was driven by higher unit sales and expansion of the customer base.
• Gross Profit: $32.5 million in Q3 2025 (69% gross margin), up 55.5% from $20.9 million (71% margin) in Q3 2024. For the first nine months of 2025, gross profit was $85.5 million (71% margin), up 42% from $60.2 million in the prior-year period.
• Operating Profit: $28.3 million in Q3 2025 (60% of revenue), a 51% increase from $18.7 million (64%) in Q3 2024. For the first nine months of 2025, operating profit reached $73.5 million (61% margin), up 39% year-over-year.
• Net Profit: $28 million in Q3 2025 (60% margin), a 56.3% increase from $18 million in Q3 2024. Nine-month net profit totalled $72 million (60% margin), up 48.5% from $48.5 million (57%) in the prior-year period.
• Operating Cash Flow: $19 million in Q3 2025 and $35 million in the first nine months of the year. The relative lower quarterly figure reflects higher inventory purchases and supplier prepayments to secure supply and support the expected higher level of demand this year and next.
• Equity: $582 million as of September 30, 2025, representing approximately 95% of total assets.
• Order Backlog: $124 million as of the date of this release, providing strong visibility into future revenue.
• Customer Base: Expanded from 173 to 189 active customers during the third quarter, with a high proportion of revenue from existing customers.

Chen Golan, Chairman of NextVision, commented: "NextVision concludes another quarter of substantial growth, with approximately 62% year-over-year revenue increase. This strong performance reflects our significant technological advantages, which continues to drive strong demand and expansion of our activity with both existing and new customers."

"In parallel, we continue to invest in developing new products to meet the future needs of the market and support sustainable growth in the coming years. As part of our global strategy, particularly in the U.S. market, we are expanding our customer base worldwide and building long-term growth engines."

"The significant $414 million capital raise we completed in September 2025, together with our inclusion in the TA-35 index on November 6, 2025, strengthen our ability to pursue additional strategic opportunities while increasing production capacity and investment in innovation."

"We enter 2026 with a position of financial and operational strength, with a clear ambition to continue establishing NextVision as a dominant global player in our industry."